1890 Morgan Silver Dollar
Melt Value: $16.2963808
Aside from the usual expense of buying a Carson City mint issue, there aren’t many obstacles to completing a regular-issue set of 1890 Morgan Silver Dollars. The Philadelphia, New Orleans, and San Francisco coins are all reasonably priced and, in the lower circulated grades, normally don’t sell for much more than their melt values.
The 1890 Morgan Silver Dollar was produced in four mints: Carson City, New Orleans, Philadelphia, and San Francisco. The most valuable 1890 Morgan Silver Dollar carries the "CC" mintmark used by the Carson City Mint. It always carries a premium value because of very low production, making it the rarest 1890 Morgan Dollar. The New Orleans Mint used an "O" and the San Francisco Mint an "S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1890, are rare which makes them expensive.
1890 Morgan Silver Dollar Mintage Figures
- 1890: 16,802,000; $35+
- 1890-CC: 2,309,041; $150+
- 1890-O: 10,701,000; $35+
- 1890-S: 8,230,373; $35+
- 1890 Proof: 590; $3,200+
Particularly in the case of 1890s-decade Carson City dollars, the 1890-CC is among the most common and is relatively affordable compared to other years. Still, with the increasing number of Morgan Dollar forgeries on the market, it is most prudent to buy any Carson City pieces as certified and graded, which offers you the benefit of added peace of mind. As is always the case with buying any coins, buy the best 1890 Morgan Silver Dollars you can afford, because they will definitely help attract more buyers if the time comes that you should decide to sell your Morgan Dollars.